MannyTman

MannyTman

CAH is approaching a major resistance at $75 and is getting ready for a short opportunity. Play once $75-$76 region is reached $73 puts 3 weeks out

MannyTman

Since the last post AMD has continued to drop to our lower trend line of it's current descending channel. With a current target price of $65 with puts dated for Sep 23th and October. Puts currently up over 300%

MannyTman

Disney hit the supply zone colored in red in the hour chart I'm currently holding puts for $122 target price $115

MannyTman

AMD failed to continue upward break out pass $100.74 current play $99 puts target price $95

MannyTman Updated 

Loaded up on AMD puts for 8/12 $97 strike price 1.25 average cost AMD broke support of $100.74 and has a lower target of $95

MannyTman

AMD has now reached the upper trend line in the daily chart of it's current descending channel. However, AMD has earnings coming up August 2nd so I'm not holding puts through earnings. Earnings expected to be announced after market close August 2nd. Looking at $93 puts 3 weeks out 9/26 puts if we fail to close above resistance. Doing quick put scalps today and...

MannyTman

AMD is approaching the top trend line of the descending channel and will be ready to be shorted if it fails to break the upper trend line of its currently daily descending channel.

MannyTman Updated 

AMD closed above our resistance of $91.55 loading up on calls

MannyTman

Disney has formed a descending channel and is targeting the upper trend line of the channel. Once the region of $108-$110 is reached I'm short of Disney with $105 puts 1 month out

MannyTman

This is my current view on AMD's price action and possible ways to play AMD.

MannyTman Updated 

Closed my AMD PUT position's for 52% in gains. I purchased calls for $90 once AMD closed above $85 my AMD calls have already hit profit 8/5 calls for $90. My next target is $95 which is the top of the current descending channel. If the price of $95-96 is reached I'll buy $90 put options 2-3 weeks out ONLY IF WE FAIL to break above the resistance at $95.

MannyTman Updated 

QQQ has formed a descending channel and looks to be heading lower

MannyTman

Waiting for the break of Support at $84 and down to $80 we go where I'll get calls. At the moment AMD $86 and $85 puts up 40% and 30%

MannyTman

AMD should reach $80 where I except a bounce up to $93 if we break below $85. Current play $86 puts for 7/29 selling once $80 target is reached. Once $80 is reached I'm buying $81 calls for 2 weeks out. Current 15 min formation rising wedge waiting for a bounce off bottom trend line.

MannyTman

Solana bounced of a major support region at $25 and is target $58 if this region is broken we can reach $75 and then head downward.

MannyTman

Riot targeting upper trend line of descending channel. I'm long on Riot with 8/5 calls for 6.50 and 8/26 calls for $7 Potential target is $9.50-$10.50 buying pull backs

MannyTman Updated 

Riot is currently targeting the upper trend line of its descending channel and is targeting $11-$12. I'm long on Riot until those price targets are reached. Waiting for a retest of the $5.50-$6 region to buy $6.50 calls for Riot with 8/19 expiration.

MannyTman Updated 

AMD is in a descending channel it previously bounced off it's lower support and is targeting $88-$90. For the short term I'm buying puts at the $84.50 region for $83 7/22 due to AMD being rejected at this point multiple times as shown by the red circles. I'm holding puts until the support region of $79-$80 is reached.